Credit Score (also referred
to as FICO Score) is a measure of credit risk calculated from
a credit
report using
a standardized formula. Factors that can damage a credit score
include late payments, absence of credit references, and unfavorable
credit card use. Lenders may use a credit score to determine
whether to provide a loan and what rate to charge.
RESOURCES: Credit Score
FTC Bureau
of Consumer Protection - Consumer Information: Credit & Loans
Credit Report
and Score Information from Experian.com
TransUnion
- Check Your Credit Report and Credit Score Online, Instantly
and Securely
Equifax
Products: Credit Reports, Credit Scores & Identity Theft
Protection
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